CCP 1.88% $15.16 credit corp group limited

I thankfully sold out a few weeks ago for just short of $22....

  1. 751 Posts.
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    I thankfully sold out a few weeks ago for just short of $22. (was pure luck, thank God).

    I always had though ccp was a anti cyclical stock, did better when economies struggled because of cheaper buying of debt. I learnt that was wrong, hard times in an econemy = difficulty collecting their current ledgers.

    This will fix itself when US economy recovers. Hard for us as we are not witnessing everything going on in US, but I do not think it is not good.

    So for me I will be back in (I love ccp) in a couple of years after US starts recovering.
 
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